Stock News Alerts: Microsoft, SINA, Hasbro, JetBlue, Diana Shipping

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Microsoft (NASDAQ:MSFT): Microsoft next generation Xbox will include a Wii U-like touchscreen controller, reports Xbox World magazine. According to unnamed sources, the controller will have a “matt-black media hub” and a “four-player, finger-tracking Kinect.”

Sina (NASDAQ:SINA): A white paper from Ogilvy & Mather and CIC highlighted how the popularity of micro blogs can have serious consequences for companies and brands operating in China, according to China.org. China.org noted that China Internet Network Information Center said there were more than 250M micro-bloggers in China by year-end 2011, a 297% increase year-over-year.

Hasbro (NYSE:HAS): Hasbro (NYSE:HAS) announced it has entered into agreement with CBS Consumer Products (NYSE:CBS) to manufacture and globally market a variety of products based on the STAR TREK property beginning in 2013. The toy line will launch in support of the STAR TREK movie sequel from Paramount Pictures, which will open May 17, 2013.

JetBlue (NASDAQ:JBLU): Traffic in January increased 13.3% from January 2011, on a capacity increase of 12.3%. Load factor for January was 80.7%, an increase of 0.7 points from January 2011. JetBlue’s preliminary completion factor was 99.7% and its on-time performance was 81.1%.  JetBlue’s preliminary passenger revenue per available seat mile for the month of January increased 10 percent year over year.   For the month of February, PRASM is expected to increase between seven and eight percent year over year.

Diana Shipping (NYSE:DSX): Diana Shipping announced that it has entered into a time charter contract with Cargill International S.A., Geneva, through one of its wholly-owned vessel owning subsidiaries, for the Panamax dry bulk vessel Clio. The charter has a gross rate of $10,750 per day, minus a 5% commission paid to third parties for a minimum eighteen to a maximum twenty-four month period and is expected to commence on or around February 20. This employment is expected to generate approximately $5.8M of gross revenues for the minimum scheduled period of the charter. Additionally, the previous charterers, Daelim Corporation, Seoul, have agreed to compensate the owners for the early redelivery of the Clio by paying $17,000 gross per day, minus 5% commission paid to third parties, starting from the date of redelivery to owners, on or around February 20, to the minimum agreed redelivery date, April 8.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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